Re:JPMorgan to trade shares of pre-IPO giants including Spac...
by itsoktocry on Sunday September 13, 2020 @11:56AM
(#24461647)
>Companies don't want to go public to avoid the incentives of the public market, but they also want their stocks to be traded
An alternative way to state this: companies want the liquidity provided by the public markets, but don't want the responsibility associated with having public shareholders.
All of these vehicles in development are designed for insiders to cash out.
An alternative way to state this: companies want the liquidity provided by the public markets, but don't want the responsibility associated with having public shareholders.
All of these vehicles in development are designed for insiders to cash out.